In 2013 amount of online purchases from foreign retailers has doubled compared to the previous year, as reported by the Online Retailers Association. Average order amount is settled between $45 and $100. The most popular foreign eCommerce were Aliexpress and Alibaba followed by eBay and Amazon, with Taobao closing the TOP5 list. Customers report that […]
All Russian eBay users recently got a newsletter describing potential negative impact that new customs regulations might have. It was decided that a private person can now import, i.e .buy in a foreign online store, goods worth only 150 Euro per month (before it was 1000 Euro) without paying any customs fees.
Russian online retail sector experiences more and more pressure from the foreign competition. According to Data Insight reports in 2012 Russians ordered online 50% more often from abroad compared to 2011. Some experts attribute such growth to an agreement reached between local Russian payment system Yandex.Money and Skrill payment processor, which enabled clients from Russia […]
In Modern Spice Routes research prepared by PayPal and Nielsen, Russia was mentioned as: …one of the five hottest export opportunities for businesses in the US (41%), UK (36%), Germany (75%), Australia (67%), China (55%), and Brazil (168%). Among the reasons to shop abroad, in addition to more lucrative prices, respondents mentioned wider choice of […]